Rodriques Kelly 4

What Happened

• Rodriques Kelly, CEO of Forge Global Holdings, was granted 91,444 performance-based restricted stock units (PSUs) on 2026-02-12. The award is reported as an acquisition at $0.00 (total reported value $0) and is coded as an award/grant (A) on the Form 4.

Key Details

• Transaction date: 2026-02-12; Form 4 filed: 2026-02-17 (filed on time, within required two business days).
• Grant amount: 91,444 PSUs; reported price: $0.00; reported dollar amount: $0.
• Shares owned after transaction: Not disclosed in this filing.
• Footnote summary: PSUs are performance-based restricted stock units under the 2022 Stock Option and Incentive Plan. Each PSU equals one share if vested. Performance condition: a Sale Event with a Sale Price of at least $45 must occur on or before 12/31/2026. Time-based vesting: 1/36th of the PSUs vest monthly after the Vesting Commencement Date, subject to continued service.
• Transaction code: A (award/grant).

Context

• This is a compensation award rather than an open-market purchase or sale. Vesting is contingent on both a specified corporate liquidity event (Sale Price ≥ $45 by 12/31/2026) and ongoing service, so the units will convert to actual shares only if those conditions are met.